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Unintended Consequences 101
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Here's a company in South Carolina that makes cheap TVs. They were excited and supportive about Trump's tariffs, thinking that they'd benefit because cheap Chinese-made TVs would become prohibitively expensive to import. And now they're facing total ruin because the tariffs have hit the parts they use to build their TVs. The parts all come from China. They've been frantically working with their Congresspeople to get some kind of waiver, but so far no dice. When you wonder how people could be so stupid as to not see how these moves would ultimately hurt them, well, here you go. (CNN Money)
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